Advisers need to realise that customers would not be prepared to pay for mediocre returns, Clayton Coplestone says.

Clients’ attempts to quit smoking are causing problems for risk advisers, says the Insurance and Savings Ombudsman.

ASB’s decision to withdraw pre-approved loan applications is a very company specific issue, but highlights that this practice is likely to stop anyway.

Macroprudential tools are not designed to be a silver bullet, the Reserve Bank says.

A third-tier lender has been dealt with by the Commerce Commission because of the fees it was charging customers.

New Zealanders have good levels of financial knowledge but putting it into practice is another matter, says David Kneebone, of the Commission for Financial Literacy and Retirement Income.

Ross Asset Management investors seem to have been dealt another blow in their quest to get their money back.

Insurance firms may turn to increased merger and acquisition activity to help deal with regulation and create efficiencies, a PricewaterhouseCooper report says.

Research house renames investment advice business to match its Australian parent.

Finance Minister Bill English has weighed in on ASB's decision to cancel preapprovals for borrowers with less than a 20% deposit, saying the bank has let them down.

AIA has launched an agency sales team of 16 advisers, which can speak nine Asian languages and Arabic, to target specialised markets.

Advisers are so worried about breaking the rules that it is an impediment to customers accessing advice, says the former general manager of the PAA.